Ascend Capital Partners
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Basic Bridge Loans

 

basic bridge loans

 

We offer short-term bridge financing for quick transactions that assist borrowers in low documentation, fast turn-around capital.  We recommend this more expensive money to be used on unestablished properties with a plan to increase value.  These loan terms are typically:

 

LTV:                 65% or lower 

Interest:            11-12%

Points:              4-5

Term:                1 year

 

 

 

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